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5 Mary Street New Ross, County Wexford, Y34 WR60

Price €250,000
  • Size 445 m²
  • Ber Rating

At a glance...

  • Easily managed multi family investment property.
  • Immediate reversionary potential.
  • Excellent condition.
  • Town centre location.
  • Initial Yield 8.7% Gross
  • Reversionary Yield 11.4% Gross.
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Description


Description
The property for sale comprises an easily managed and well maintained multi family investment property located in the town centre of New Ross, Co. Wexford. The property is currently laid out with a Bookmakers at ground floor level with three self contained apartments to the upper floors. The ground floor and two of the apartments are currently let meaning the is immediate potential to increase the rental income. The property is currently producing €25,900 per annum and which should increase to c. €33,700 once the vacant apartment is let. The property comes to the market in excellent condition throughout having been full refurbished in recent years. This is an excellent and easily managed investment located in a busy provincial town located close to all amenities.

Features
Easily managed multi family investment property.
Immediate reversionary potential.
Excellent condition.
Town centre location.
Initial Yield 8.7% Gross
Reversionary Yield 11.4% Gross.

BER Details
BER: C2 - G

Accommodation
Ground Floor: Bookmakers Office c. 143sqm.
First Floor: 2/3 Bed Apartment c. 136.5sqm.
Second Floor: 1 x 2 Bed Apartment c. 70sqm.
Second & Third Floor: 1 X 1 Bed Apartment c. 69sqm.
Explore Wexford County Wexford has a wealth of history stretching back over 1,000 years. It is one of the best places in Ireland to explore Viking history and is also well known for the significant battles at New Ross and Vinegar Hill in 1798. Consisting of old towns, quaint villages, and sandy beaches, Wexford... Explore Wexford
PSRA Licence No: 003258

Get in touch

Use the form below to get in touch with REA McCormack Corish (Wexford) or call them on (053) 912 2577

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